Dow Jones Top Markets Headlines at 1 PM ET: Inflation rises again, PCE shows, but not enough to alarm the Fed | Stocks …
Inflation rises again, PCE shows, but not enough to alarm the Fed
A key measure of inflation rose at a slightly elevated pace in August, but not enough to suggest much bigger increases tied to U.S. tariffs are on the way.
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Stocks Rise After Trump Unveils New Tariffs
U.S. stocks were mostly higher, putting the Dow on track to break a three-day losing streak after President Trump unveiled new tariffs on drugs, trucks and furniture.
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Trump to Impose New Tariffs on Pharma, Big Trucks
Levies on drugs will be imposed on companies that aren’t building plants in the U.S.
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Consumer Sentiment Fell in September, According to University of Michigan Survey
The monthly survey’s sentiment index fell to 55.1 in September, from 58.2 in August amid worries about high prices and the labor market.
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Canada Economy Stalls in August After First Growth in Four Months
Canada’s economy is on track to eke out tepid growth for the latest quarter, avoiding a second consecutive contraction.
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Week Ahead for FX, Bonds: U.S. Jobs Data in Focus
Investors will hone in on U.S. jobs data, where any signs of weakness could reignite prospects of a series of interest-rate cuts in the months to come.
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Fed’s Barkin upbeat on U.S. economic outlook despite rising inflation, slower job growth
“The consumer is frankly exhausted,” Tom Barkin said Friday.
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Tokyo’s Price Growth Steady But Rate Increase Still in Play
The pace of price growth in the Tokyo metropolitan area unexpectedly held steady in September, but upward pressure remains, keeping an interest-rate hike in play.
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Europe’s Right-Wing Populists Swerve Left on the Economy
The adoption of a high-spending, pro-welfare and protectionist agenda has been key in winning over blue-collar workers.
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Fed Independence Reaches Its Moment of Truth as Supreme Court Weighs Cook’s Fate
The court is poised to decide whether President Trump can remove Lisa Cook from the Federal Reserve’s board, which former officials see as threat to central bank independence.
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Democrats Dig In on Shutdown Stance After White House Threatens to Fire Workers
Republicans want a short-term deal to keep the government open, while Democratic leaders seek healthcare funds.
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Bank of Mexico Makes 10th Straight Interest-Rate Cut
The board of governors voted 4-1 to lower the overnight interest-rate target to 7.50% from 7.75%.
(END) Dow Jones Newswires
September 26, 2025 13:15 ET (17:15 GMT)
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